Other hedge funds also recently modified their holdings of the company. Northern Trust Corp now owns 2,259,492 shares of the semiconductor company's stock valued at $58,272,000 after buying an additional 37,579 shares during the period. Rice Hall James & Associates LLC now owns 1,265,117 shares of the company's stock valued at $25,467,000 after buying an additional 62,255 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Integrated Device Technology by 23.6% in the first quarter. Public Employees Retirement System of OH now owns 4,935 shares of the semiconductor company's stock worth $127,000 after purchasing an additional 670 shares in the last quarter.
Integrated Device Technology (NASDAQ:IDTI) last issued its quarterly earnings data on Monday, October 31st. Alliancebernstein L.P. now owns 3,252,085 shares of the semiconductor company's stock worth $83,871,000 after buying an additional 158,917 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Integrated Device Technology by 11.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,182 shares of the semiconductor company's stock worth $134,000 after purchasing an additional 525 shares in the last quarter. Finally, Kennedy Capital Management Inc. purchased a new stake in Integrated Device Technology during the first quarter valued at about $4,090,000. Institutional investors and hedge funds own 97.50% of the company's stock. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of United States & global trademark & copyright laws. If you are reading this report on another publication, it was illegally stolen and republished in violation of U.S. and global trademark & copyright law. The legal version of this piece of content can be accessed at https://www.truebluetribune.com/2017/11/14/nj-state-employees-deferred-compensation-plan-decreases-position-in-integrated-device-technology-inc-idti.html.
IDTI has been the topic of several other research reports. Finally, BidaskClub downgraded shares of Integrated Device Technology from a "buy" rating to a "hold" rating in a research report on Saturday, August 5th. The company now has an average rating of "Buy" and a consensus target price of $32.23. Charter Equity upgraded Integrated Device Technology Inc (NASDAQ:IDTI) on Wednesday, November 2 to "Buy" rating.
Among 8 analysts covering Unite Group PLC (LON:UTG), 7 have Buy rating, 0 Sell and 1 Hold. Dougherty & Co decreased their price objective on Integrated Device Technology from $28.00 to $26.00 and set a "buy" rating for the company in a report on Tuesday, August 2nd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the company's stock. They now have a $25.00 price target on the stock, up from their prior price target of $23.00.
Integrated Device Technology, Inc. has a twelve month low of $21.80 and a twelve month high of $33.92. (NASDAQ:IDTI) from a buy rating to a hold rating in a report issued on Friday, November 3rd. Integrated Device Technology, Inc. The company has a quick ratio of 4.80, a current ratio of 5.42 and a debt-to-equity ratio of 0.41. OxFORD Asset Management LLP bought a new position in Integrated Device Technology in the third quarter valued at approximately $561,000. The institutional investor held 113,113 shares of the technology company at the end of 2017Q2, valued at $2.92M, down from 148,006 at the end of the previous reported quarter. Integrated Device Technology I now has $4.32 billion valuation. The firm had revenue of $204.40 million during the quarter, compared to analyst estimates of $200.99 million. For the full year, analysts expect earnings to jump 0.88% yoy to $1.15. The business's revenue for the quarter was up 11.1% on a year-over-year basis. sell-side analysts predict that Integrated Device Technology, Inc. will post 1.15 EPS for the current fiscal year. Also, insider Xianzhi Sean Fan sold 67,041 shares of the company's stock in a transaction dated Monday, November 6th. The rating was initiated by Loop Capital with "Buy" on Tuesday, December 6.
The company is trading down by 1.56% since yesterday's close of 33.28. The stock was sold at an average price of $31.72, for a total transaction of $2,126,540.52. Following the transaction, the vice president now owns 49,936 shares in the company, valued at approximately $1,609,437.28. The disclosure for this sale can be found here. Insiders own 1.24% of the company's stock.
Integrated Device Technology, Inc develops system-level solutions that optimize its customers' applications. The Firm operates through two divisions: the Communications, and the Computing, Consumer and Industrial. It offers products in radio frequency (RF), timing, wireless power transfer, serial switching, interfaces and sensing solutions.